Civic Intelligence

176 South Eighth Street Apartments Housing Development Fund Corp

990 • Fiscal year 2017 • EIN 26-2418657

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

Organization ProfileWWW.CCBQ.ORG
191 Joralemon StreetBrooklyn, NY 11201

(718) 722-6150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.71x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

8.16x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

64th percentile

8.6%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$298,454

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 93.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

21%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$3,654,054

Up $17,708 (+0.5%) from 2016

Net Assets

Up

$1,053,710

Up $27,489 (+2.7%) from 2016

Liabilities

Down

$2,600,344

Down $9,781 (-0.4%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin64th percentile

Revenue

Up

$318,617

Up $56,156 (+21%) from 2016

Expenses

Down

$291,128

Down $15,057 (-4.9%) from 2016

Net Income

Up

$27,489

Up $71,213 (+163%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $3,636,346Liabilities 2016: $2,610,125Net Assets 2016: $1,026,2212016Assets 2017: $3,654,054Liabilities 2017: $2,600,344Net Assets 2017: $1,053,7102017Assets 2018: $3,645,497Liabilities 2018: $2,609,160Net Assets 2018: $1,036,3372018Assets 2019: $3,673,902Liabilities 2019: $2,625,153Net Assets 2019: $1,048,7492019Assets 2020: $3,776,512Liabilities 2020: $2,685,142Net Assets 2020: $1,091,3702020Assets 2021: $3,735,542Liabilities 2021: $2,644,827Net Assets 2021: $1,090,7152021Assets 2022: $3,777,018Liabilities 2022: $2,675,586Net Assets 2022: $1,101,4322022Assets 2023: $3,684,413Liabilities 2023: $2,650,461Net Assets 2023: $1,033,9522023Assets 2024: $3,411,023Liabilities 2024: $2,496,096Net Assets 2024: $914,9272024

Highlighted filing

2017

Assets$3,654,054
Liabilities$2,600,344
Net Assets$1,053,710
Open 2017 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $262,461Expenses 2016: $306,185Net Income 2016: -$43,7242016Revenue 2017: $318,617Expenses 2017: $291,128Net Income 2017: $27,4892017Revenue 2018: $306,039Expenses 2018: $323,412Net Income 2018: -$17,3732018Revenue 2019: $310,217Expenses 2019: $297,805Net Income 2019: $12,4122019Revenue 2020: $312,749Expenses 2020: $270,128Net Income 2020: $42,6212020Revenue 2021: $307,986Expenses 2021: $308,641Net Income 2021: -$6552021Revenue 2022: $295,406Expenses 2022: $284,689Net Income 2022: $10,7172022Revenue 2023: $307,110Expenses 2023: $374,590Net Income 2023: -$67,4802023Revenue 2024: $315,360Expenses 2024: $434,385Net Income 2024: -$119,0252024

Highlighted filing

2017

Revenue$318,617
Expenses$291,128
Net Income$27,489
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$318,617
Mission and Program Overview

Mission

This corporation is organized exclusively for the purpose of acquiring, developing and managing housing projects for persons of low income.

This corporation is organized exclusively for the purpose of for the purpose of acquiring, developing and managing housing projects for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,435,142$2,449,355▲ $14,213
Land, Buildings, and Equipment, Net$940,840$907,531▼ $33,309
Cash and Non-Interest-Bearing Accounts$228,835$263,266▲ $34,431
Accounts Receivable$13,089$14,429▲ $1,340
Prepaid Expenses and Deferred Charges$3,409$3,480▲ $71
Total Assets$3,636,346$3,654,054▲ $17,708
Other Assets Total$15,031$15,993▲ $962
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,864,728$1,864,602▼ $126
Other Liabilities$712,097$714,628▲ $2,531
Accounts Payable and Accrued Expenses$33,300$21,114▼ $12,186
Total Liabilities$2,610,125$2,600,344▼ $9,781
Net Assets / Fund Balance
Unrestricted Net Assets$1,026,221$1,053,710▲ $27,489
Total Net Assets Fund Balance$1,026,221$1,053,710▲ $27,489
Total Liabilities and Net Assets / Fund Balance$3,636,346$3,654,054▲ $17,708

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$866,096$411,475$1,277,571
Equipment$19,230$34,716$53,946
Other Land Buildings$22,205-$22,205
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleOtherTotal
Richard SlizeskiDirector$144,588$144,588
Richard AbrahamsenSecretary/treasurer$138,876$138,876
REV MSGR Alfred P LopintoCEO$50,000$50,000

Board Members and Trustees

NameTitle
JEANNE m DIULIOPresident
Desiree ArduiniDirector
Desiree FrysonDirector
Martin SussmanDirector
Mary HursonDirector
Samira AlievaDirector
Alan WolinetzDirector/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$255,917
Investment Income
$54,461
Other Revenue
$8,239
Change in Net Assets
$27,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$318,617
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$318,617
Total Revenue per Form 990
$318,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,653
Salaries, Compensation, and Employee Benefits$49,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$54,204--$54,204
Depreciation Depletion$46,018--$46,018
Interest$45,191--$45,191
Other Salaries and Wages$36,884--$36,884
Fees for Services Management$20,173--$20,173
Insurance$19,399--$19,399
Fees for Services Accounting$348$12,675-$13,023
Other Employee Benefits$9,777--$9,777
Fees for Services Legal$5,430--$5,430
Payroll Taxes$2,814--$2,814
Office Expenses$2,402--$2,402
Other Expenses$1,513--$1,513
Total Functional Expenses$278,453$12,675$0$291,128

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$291,128
Total Expenses per Audited Statements$291,128
Total Expenses per Form 990$291,128
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$699,426
Security Deposits$15,202
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“PROGRESS OF PEOPLE'S DEVELOPMENT CORP is the sole member of 176 SOUTH EIGHTH STREET APT HDFC.”

Form 990, Part VI, Section A, line 7A

“Progress of people's development corp as the sole member of the organization, and pursuant to it's bylaws has certain rights including but not limited to electing directors and filling vacant director positions.”

Form 990, Part VI, Section A, line 7B

“Progress of people's development corp as the sole member of the organization, and pursuant to the bylaws has certain rights including but not limited to (1) amend the bylaws of the corporation, (2) change the purpose of the corporation, (3) dissolve the corporation, (4) elect directors, (5) fill vacant director positions, and (6) remove directors with or without cause.”

Form 990, Part VI, Section B, line 11B

“A copy of the form 990 is made available to the board. The board reviews the form 990 and when the board is satisfied the form 990 is approved for filing with the irs.”

Form 990, Part VI, Section B, line 12C

“Each director, principal officer and member of a committee with board delegated powers annually signs a statement that affirms that such person (1) has received a copy of the organizations's conflict of interest policy, (2) has read and understands the policy, (3) has agreed to comply with the policy and (4) understands that the organization is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt activities. If there is an actual or preceived conflict of interest, affected individuals must recuse themselves from any discussion or deliberating process.”

Form 990, Part VI, Section C, line 19

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
176 South Eighth Street Apt Hsg Dev Fund
EIN
26-2418657
Phone
7187226150
Address
191 JORALEMON STREET, BROOKLYN, NY 11201

Signing Officer

Name
jeanne m diulio
Title
president
Phone
7187226150
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
jeanne m diulio
Formed
2008
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
8

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

form 990, part XII, line 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“the corporation has applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax The Corporation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended June 30, 2017. Accordingly, these financial statements do not reflect a provision for income taxes. Income tax returns filed by the corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years ending on or after June 30, 2014 remain open.”

Raw XML AppendixShowing 400 of 1,359 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033300
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021114
IRS990/AccountsReceivableGrp/BOYAmt013089
IRS990/AccountsReceivableGrp/EOYAmt014429
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MANAGING HOUSING PROJECTS FOR PERSONS OF LOW INCOME.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ALLA ELEON
IRS990/BooksInCareOfDetail/PhoneNum07187226150
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0191 JORALEMON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0228835
IRS990/CashNonInterestBearingGrp/EOYAmt0263266
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt054461
IRS990/CYOtherExpensesAmt0241653
IRS990/CYOtherRevenueAmt08239
IRS990/CYProgramServiceRevenueAmt0255917
IRS990/CYRevenuesLessExpensesAmt027489
IRS990/CYSalariesCompEmpBnftPaidAmt049475
IRS990/CYTotalExpensesAmt0291128
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0318617
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt046018
IRS990/DepreciationDepletionGrp/TotalAmt046018
IRS990/Desc0OPERATED RENTAL BUILDING FOR LOW INCOME PERSONS AND THEIR FAMILIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0278453
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012675
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0348
IRS990/FeesForServicesAccountingGrp/TotalAmt013023
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05430
IRS990/FeesForServicesLegalGrp/TotalAmt05430
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt020173
IRS990/FeesForServicesManagementGrp/TotalAmt020173
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt034.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt134.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt234.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt334.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt434.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt534.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt634.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt734.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt834.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt934.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt012338
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt121294
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt214125
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt325058
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415511
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt514092
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613931
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt728922
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt88163
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0DESIREE ARDUINI
IRS990/Form990PartVIISectionAGrp/PersonNm1DESIREE FRYSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JEANNE m DIULIO
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTIN SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY HURSON
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD ABRAHAMSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD SLIZESKI
IRS990/Form990PartVIISectionAGrp/PersonNm7SAMIRA ALIEVA
IRS990/Form990PartVIISectionAGrp/PersonNm8Alan Wolinetz
IRS990/Form990PartVIISectionAGrp/PersonNm9REV MSGR Alfred P Lopinto
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0148390
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1130468
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2143138
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3132783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4137501
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5124784
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6130657
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7131936
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8290291
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt950000
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0318617
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt019399
IRS990/InsuranceGrp/TotalAmt019399
IRS990/InterestGrp/ProgramServicesAmt045191
IRS990/InterestGrp/TotalAmt045191
IRS990/InvestmentIncomeGrp/ExclusionAmt054461
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054461
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0446191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0940840
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0907531
IRS990/LandBldgEquipCostOrOtherBssAmt01353722
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MANAGING HOUSING PROJECTS FOR PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01864728
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01864602
IRS990/NetAssetsOrFundBalancesBOYAmt01026221
IRS990/NetAssetsOrFundBalancesEOYAmt01053710
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt054204
IRS990/OccupancyGrp/TotalAmt054204
IRS990/OfficeExpensesGrp/ProgramServicesAmt02402
IRS990/OfficeExpensesGrp/TotalAmt02402
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015031
IRS990/OtherAssetsTotalGrp/EOYAmt015993
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09777
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09777
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Bad Debts
IRS990/OtherExpensesGrp/Desc2Taxes, License & permit
IRS990/OtherExpensesGrp/ProgramServicesAmt028454
IRS990/OtherExpensesGrp/ProgramServicesAmt15846
IRS990/OtherExpensesGrp/ProgramServicesAmt21513
IRS990/OtherExpensesGrp/TotalAmt028454
IRS990/OtherExpensesGrp/TotalAmt15846
IRS990/OtherExpensesGrp/TotalAmt21513
IRS990/OtherLiabilitiesGrp/BOYAmt0712097
IRS990/OtherLiabilitiesGrp/EOYAmt0714628
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06161
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12078
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06161
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12078
IRS990/OtherRevenueTotalAmt08239
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036884
IRS990/OtherSalariesAndWagesGrp/TotalAmt036884
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02814
IRS990/PayrollTaxesGrp/TotalAmt02814
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03409
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03480
IRS990/PrincipalOfficerNm0jeanne m diulio
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0255917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0255917
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04898
IRS990/PYOtherExpensesAmt0265970
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0257563
IRS990/PYRevenuesLessExpensesAmt0-43724
IRS990/PYSalariesCompEmpBnftPaidAmt040215
IRS990/PYTotalExpensesAmt0306185
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0262461
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt027489
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0264156
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02435142
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02449355
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2012 Amount: $ 16,304. 2013 Amount: $ 2,911. 2014 Amount: $ 712. 2015 Amount: $ 5,961. 2016 Amount: $ 6,161. LAUNDRY AND VENDING - 2012 Amount: $ 1,883. 2013 Amount: $ 1,950. 2014 Amount: $ 2,073. 2015 Amount: $ 1,731. 2016 Amount: $ 2,078.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt054461
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04898
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04240
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0155138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0255917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0249871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0245268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0224604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0227893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01203553
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt054461
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04898
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0155138
IRS990ScheduleA/InvestmentIncomeCYPct00.11080
IRS990ScheduleA/InvestmentIncomePYPct00.08050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08239
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07692
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02785
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04861
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt018187
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041764
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85940
IRS990ScheduleA/PublicSupportPY509Pct00.91950
IRS990ScheduleA/PublicSupportTotal509Amt01203553
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0255917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0249871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0245268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0224604
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0227893
IRS990ScheduleA/Total509Grp/TotalAmt01203553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0318617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0262461
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0291175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0277882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0250320
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01400455
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0866096
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0411475
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01277571
IRS990ScheduleD/EquipmentGrp/BookValueAmt019230
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034716
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053946
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0291128
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022205
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0699426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0318617
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0the corporation has applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax The Corporation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended June 30, 2017. Accordingly, these financial statements do not reflect a provision for income taxes. Income tax returns filed by the corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years ending on or after June 30, 2014 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0907531
IRS990ScheduleD/TotalExpensesPerForm990Amt0291128
IRS990ScheduleD/TotalLiabilityAmt0714628
IRS990ScheduleD/TotalRevenuePerForm990Amt0318617
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0318617
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0291128
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0148390
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1130468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2143138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3132783
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4136931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5131936
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6276171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt60

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,654,054
Liabilities
$2,600,344
Net assets
$1,053,710
Revenue
$318,617
Expenses
$291,128
Net income
$27,489
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.41$2.50$0.91$0.32$0.43$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.68$2.65$1.03$0.31$0.37$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.78$2.68$1.10$0.30$0.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.74$2.64$1.09$0.31$0.31$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.78$2.69$1.09$0.31$0.27$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.67$2.63$1.05$0.31$0.30$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.65$2.61$1.04$0.31$0.32$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.65$2.60$1.05$0.32$0.29$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.64$2.61$1.03$0.26$0.31$0.04